NDIA vs. IBID
NDIA (Global X Funds - Global X India Active ETF) and IBID (iShares iBonds Oct 2027 Term TIPS ETF) are both exchange-traded funds - NDIA is a Asia Pacific Equities fund actively managed by Global X, while IBID is a Inflation-Protected Bonds fund tracking the ICE 2027 Maturity US Inflation-Linked Treasury Index. NDIA is actively managed, while IBID is passively managed. Over the past year, NDIA returned -7.48% vs 4.04% for IBID. At a 0.00 correlation, their price movements are largely independent. NDIA charges 0.76%/yr vs 0.10%/yr for IBID.
Performance
NDIA vs. IBID - Performance Comparison
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Returns By Period
In the year-to-date period, NDIA achieves a -8.20% return, which is significantly lower than IBID's 1.99% return.
NDIA
- 1D
- 0.93%
- 1M
- 2.79%
- YTD
- -8.20%
- 6M
- -8.30%
- 1Y
- -7.48%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
IBID
- 1D
- 0.00%
- 1M
- -0.19%
- YTD
- 1.99%
- 6M
- 2.08%
- 1Y
- 4.04%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
NDIA vs. IBID - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
NDIA Global X Funds - Global X India Active ETF | -8.20% | 5.04% | 5.75% | 7.14% |
IBID iShares iBonds Oct 2027 Term TIPS ETF | 1.99% | 5.66% | 4.71% | 2.61% |
Correlation
The correlation between NDIA and IBID is -0.16, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.16 |
Correlation (All Time) Calculated using the full available price history since Sep 15, 2023 | 0.00 |
The correlation between NDIA and IBID shifts across timeframes, from -0.16 (1 year) to 0.00 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
NDIA vs. IBID — Risk / Return Rank
NDIA
IBID
NDIA vs. IBID - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X Funds - Global X India Active ETF (NDIA) and iShares iBonds Oct 2027 Term TIPS ETF (IBID). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| NDIA | IBID | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.76 | ||
| Sortino ratioReturn per unit of downside risk | -6.15 | ||
| Omega ratioGain probability vs. loss probability | 0.93 | 1.75 | -0.81 |
| Calmar ratioReturn relative to maximum drawdown | -0.42 | 8.22 | -8.64 |
| Martin ratioReturn relative to average drawdown | -0.97 | 30.99 | -31.96 |
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Drawdowns
NDIA vs. IBID - Drawdown Comparison
The maximum NDIA drawdown since its inception was -22.05%, which is greater than IBID's maximum drawdown of -1.28%. Use the drawdown chart below to compare losses from any high point for NDIA and IBID.
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Drawdown Indicators
| NDIA | IBID | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.05% | -1.28% | -20.77% |
Max Drawdown (1Y)Largest decline over 1 year | -18.03% | -0.49% | -17.54% |
Current DrawdownCurrent decline from peak | -14.88% | -0.49% | -14.39% |
Average DrawdownAverage peak-to-trough decline | -7.22% | -0.22% | -7.00% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.76% | 0.13% | +7.63% |
Volatility
NDIA vs. IBID - Volatility Comparison
Global X Funds - Global X India Active ETF (NDIA) has a higher volatility of 3.93% compared to iShares iBonds Oct 2027 Term TIPS ETF (IBID) at 0.35%. This indicates that NDIA's price experiences larger fluctuations and is considered to be riskier than IBID based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NDIA | IBID | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.93% | 0.35% | +3.58% |
Volatility (6M)Calculated over the trailing 6-month period | 13.78% | 0.86% | +12.92% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.85% | 1.23% | +14.62% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.60% | 2.24% | +13.36% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.60% | 2.24% | +13.36% |
NDIA vs. IBID - Expense Ratio Comparison
NDIA has a 0.76% expense ratio, which is higher than IBID's 0.10% expense ratio.
Dividends
NDIA vs. IBID - Dividend Comparison
NDIA's dividend yield for the trailing twelve months is around 1.20%, less than IBID's 3.68% yield.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
IBID iShares iBonds Oct 2027 Term TIPS ETF | 3.68% | 4.43% | 4.24% | 0.81% |
NDIA Global X Funds - Global X India Active ETF | 1.20% | 1.10% | 3.66% | 0.28% |
Frequently Asked Questions
NDIA and IBID have a correlation of -0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NDIA has higher volatility (3.93%) compared to IBID (0.35%). In terms of maximum drawdown, NDIA dropped -22.05% vs IBID's -1.28%.
On 1-year performance, IBID leads with 4.04% vs -7.48% for NDIA. On fees, IBID is cheaper at 0.10% per year. On volatility, IBID has been the lower-risk option at 0.35%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, IBID has performed better with a 4.04% return vs -7.48%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
IBID is cheaper with a 0.10% expense ratio, compared with 0.76% for NDIA.
IBID has the higher dividend yield at 3.68%, compared with 1.20% for NDIA.
NDIA is categorized as Asia Pacific Equities, while IBID is Inflation-Protected Bonds. They also come from different issuers: Global X and iShares. Their fees differ too: 0.76% for NDIA and 0.10% for IBID.
IBID currently has the higher Sharpe Ratio (3.29 vs -0.47), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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